Under the Retail Law, the AER is responsible for monitoring, investigating, enforcing and reporting on compliance by regulated entities with obligations under the Retail Law and Rules. To support these functions, the Retail Law provides wide ranging information gathering powers and requires the AER to produce Compliance procedures and guidelines.
On 17 September 2014 the AER released revised guidelines which refine the reporting framework and improve the quality of reports submitted by regulated entities.
Background
In June 2014, the AER consulted on proposed amendments to the Compliance procedures and guidelines – June 2012.